Carbon Removal Newsroom

U.S. Government Becomes a CDR Buyer

Oct 17, 2023
The podcast discusses the US government's announcement to purchase carbon removal and the $35M fund allocated for procurement. They explore the challenges of scaling up carbon removal without a compliance market. The panel also talks about the role of private buyers and compliance markets in driving CDR growth until 2030. They discuss the regulation of dumping materials into the ocean by the London Convention and the Regeavit protocol for carbon dioxide removal. Expectations and concerns regarding government involvement in scaling CDR are also discussed.
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